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Jan 31, 2013
01/13
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KQED
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. >> reporter: last quarter, defense spending fell off the fiscal cliff. as lawmakers bickered, manufacturers who make things for the pentagon cut back production sharply-- defense spending fell 22% in the latest g.d.p. report, tipping the economy into the red. >> certainly manufacturers are pulling back and i think this is a bit of a wake up call that these cuts are real and that they have real effects on the economy. >> reporter: economists and markets did not panic over the drop into the red, because the economy is still showing signs of solid growth. businesses are still buying equipment and software. housing continues to bounce back. and consumer spending held up well, expanding at an annual rate of 2.2%. >> so if you look through some of the volatile components, demand underneath was solid and it doesn't suggest the economy is losing momentum. so a scary headline number isn't as bad as it seems when you look underneath. >> reporter: and that's what economists say federal reserve policy makers did. after studying the economy for two days, chairman ben
. >> reporter: last quarter, defense spending fell off the fiscal cliff. as lawmakers bickered, manufacturers who make things for the pentagon cut back production sharply-- defense spending fell 22% in the latest g.d.p. report, tipping the economy into the red. >> certainly manufacturers are pulling back and i think this is a bit of a wake up call that these cuts are real and that they have real effects on the economy. >> reporter: economists and markets did not panic over the...
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90
Jan 27, 2013
01/13
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WJLA
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defense contract in baseball in ththe washingtonon area -- defense contracting pays well in the washington area.a. >> be david from discovery or work for northrop, because it occupies five of the top 25 spots of f highehest paid executives and the region. >> not bad pla to be paii am surehat everyone will be at thparty next week toto unveil. that you for being here -- thank you for being here. stay with us, as we talk hot topic with o roundtabl. presentism -- does it apply to you? we're sitting on a bunch of shale gas. there's natural gas under my town. it's a game changer. ♪ ♪ it means cleaner, caper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long rm. ♪ ♪ [ male announcer ] now atat your neighborhood subway: the big hot pastrami melt. we've perfected the pastrami sandwich -- filled with juicy pastrami pickles, yellow muststard
defense contract in baseball in ththe washingtonon area -- defense contracting pays well in the washington area.a. >> be david from discovery or work for northrop, because it occupies five of the top 25 spots of f highehest paid executives and the region. >> not bad pla to be paii am surehat everyone will be at thparty next week toto unveil. that you for being here -- thank you for being here. stay with us, as we talk hot topic with o roundtabl. presentism -- does it apply to you?...
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Jan 31, 2013
01/13
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KCSMMHZ
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police say common sense can often be the best defense. >>> many refugees arriving in japan are looking for sancuary but end up homeless. among them is a growing number of africans. so why is their almost to harsh? eisuke takahashi explains. >> reporter: this man says he arrived from nigeria in november. he applied to the justice ministry for refugee status. in nigeria, islamic extremists continue to terrorize and attack christians. he says they killed his father and younger brother, both christians. he also says he fled to japan because his life was in danger. he arrived in japan with about $500, but it lasted only a week. he has been homeless for nearly two months now. >> reporter: the first thing he ate in japan was a bowl of seasoned beef and rice. that was his last square meal. >> reporter: in japan, refugees cannot work for six months after applying for asylum. the government gives them $16 per day for living expenses and $440 per month for housing. but the number of applicants is rising, so it takes as long as three months to process the payments. on this day, the african man wen
police say common sense can often be the best defense. >>> many refugees arriving in japan are looking for sancuary but end up homeless. among them is a growing number of africans. so why is their almost to harsh? eisuke takahashi explains. >> reporter: this man says he arrived from nigeria in november. he applied to the justice ministry for refugee status. in nigeria, islamic extremists continue to terrorize and attack christians. he says they killed his father and younger...
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Jan 28, 2013
01/13
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WGN
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the regional coordinator of civil defense says the blaze started at about 2 a-m after the acoustic insulation caught fire in the kiss nightclub in the southern brazil town of santa maria. there was a pyrotechnics show going on when flames broke out but authorities said cause of the fire is still under investigation. "i would like to say to the people of our country and to the people of santa maria that in this time of sadness we are together. and we are going to overcome this sadness while still in mourning." officials say more than 200 people were killed, many from apparent smoke inhalation. a state fire official says about 2,000 people were inside the club when the fire broke out... double the maximum capacity of 1,000. this incident calls to mind other deadly nightclub fires in recent years. just five months ago, a fire at a popular club in phuket, thailand killed four. one of the most memorable happened in the united states in february 2003. pyrotechnics used by the heavy metal band, great white, sparked a fire that claimed 100 lives at a nightclub in west warwick, rhode island . "we're r
the regional coordinator of civil defense says the blaze started at about 2 a-m after the acoustic insulation caught fire in the kiss nightclub in the southern brazil town of santa maria. there was a pyrotechnics show going on when flames broke out but authorities said cause of the fire is still under investigation. "i would like to say to the people of our country and to the people of santa maria that in this time of sadness we are together. and we are going to overcome this sadness while...
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Jan 31, 2013
01/13
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FBC
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david: a quick question in terms of defense, we will be talking about how defense cutbacks are hurting individual jobs in individual sectors and does this affect defense spending directly? >> this moves the debt ceiling fight the back. now march 1, automatic spending cuts and defense and other programs begin to hit and government spending on march 27. next up, defense spending will be a topic of conversation in d.c. and congress. david: rich edson, thank you from d.c. liz: the chief strategist in the pits of the cme. right now i would love to sit here and talk about the trading action for today. the last day of january, it all @ooks very nice. it looks pretty good for january. here comes the january jobs report, is that what people are looking at? >> absolutely. the whole week has been pointed for tomorrow. lots of consumer confidence, lousy gdp, lots of bad numbers. everybody is pointing for this number tomorrow. if it doesn't beat significantly, think we're in for a little bit of solid pressure. looking for 195, expecting 215. if we are not north of 215, the market might rally a litt
david: a quick question in terms of defense, we will be talking about how defense cutbacks are hurting individual jobs in individual sectors and does this affect defense spending directly? >> this moves the debt ceiling fight the back. now march 1, automatic spending cuts and defense and other programs begin to hit and government spending on march 27. next up, defense spending will be a topic of conversation in d.c. and congress. david: rich edson, thank you from d.c. liz: the chief...
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Jan 31, 2013
01/13
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LINKTV
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also, they sent one of their missile defense systems to a northern city. there has been an increase in the rhetoric from the israeli side in terms of the conflict in syria and concerns about how it could spill over into the border of israel. >> thanks to nicole johnson from jerusalem. elsewhere in syria, there has been renewed violence in several areas. an area has been shelled. this video appears to show an air strike. the u.n. says donors have helped them raise more than $1.5 million for refugees. 100,000 people have already fled the violence in syria. the number could reach more than 1 million by june. there is also concerned about 2 million syrians who have been internally displaced by the conflict. i moon called the situation in syria a catastrophe that is growing by the day. a figure stands at 700,000. an ambitious target of $1.50 billion, a figure that is a surprise to some u.s. officials that it was met. >> to be able to provide to syrian refugees better protection, that your assistance in relation to shelter, food, health. >> the $1.50 billion the
also, they sent one of their missile defense systems to a northern city. there has been an increase in the rhetoric from the israeli side in terms of the conflict in syria and concerns about how it could spill over into the border of israel. >> thanks to nicole johnson from jerusalem. elsewhere in syria, there has been renewed violence in several areas. an area has been shelled. this video appears to show an air strike. the u.n. says donors have helped them raise more than $1.5 million...
WHUT (Howard University Television)
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Jan 31, 2013
01/13
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WHUT
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police say common sense can often be the best defense. >> thank you, tomomitsu. >>> sometimes tragedy can lead to hope. in 2001 a south korean student living in tokyo died while trying to help a japanese man who had fallen off a station platform. 12 years later his legacy is helping bridge the gap between the two countries even in the face of relations due to a territory dispute and conflicts of history. anna jung has more. >> reporter: it was here at this station in tokyo that he died 12 years ago. on the anniversary -- >> translator: it is a comfort for me to know that my sop is still honored here. >> translator: many people remember his action. i'm happy my son remains in people's hearts. >> reporter: the accident occurred on the evening of january 26, 2001. japanese men jumped down to rescue a drunken man who had fallen onto the tracks but all three men were hit by a train and died. ye was 26 years old. he had come to tokyo to study japanese to get a job at a trading company. his dream was to serve as a bridge between the two countries, south korea and japan. his family lives in h
police say common sense can often be the best defense. >> thank you, tomomitsu. >>> sometimes tragedy can lead to hope. in 2001 a south korean student living in tokyo died while trying to help a japanese man who had fallen off a station platform. 12 years later his legacy is helping bridge the gap between the two countries even in the face of relations due to a territory dispute and conflicts of history. anna jung has more. >> reporter: it was here at this station in tokyo...
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Jan 30, 2013
01/13
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CNBC
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this was the worst die klein in national defense spending since 1972. okay? what's going on here? really there's an interesting side note here which is why the street can't do a better job and i mean the forecasters figuring out what's going to happen with defensemen. there were some guys who understood it. the guys who do the bottoms-up stuff seem to have done a better job. >> let me ask you this. will the fed be as dismissive so to speak as the numbers today as the market appears to be? you know what i mean. the market doesn't seem to care about this negative print. >> can i just ask the guys this question? what is the market doing today? >> flat. >> i know that. but what -- it's had a nice run-up and now it's flat. is this a day it would have been up if gdp had been in line? >> you would think so. >> i think the market's waiting for the fed actually. think right now there's a bit of uncertainty. let's see what they're going to say. >> we know what they're going to say, don't we, steve? >> let me go backes to my question. if i told you this was still a 2% economy, would you be b
this was the worst die klein in national defense spending since 1972. okay? what's going on here? really there's an interesting side note here which is why the street can't do a better job and i mean the forecasters figuring out what's going to happen with defensemen. there were some guys who understood it. the guys who do the bottoms-up stuff seem to have done a better job. >> let me ask you this. will the fed be as dismissive so to speak as the numbers today as the market appears to be?...
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Jan 31, 2013
01/13
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KPIX
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only government spending cuts on defense caused overall economic growth to flatline. julia coronado is chief economist with p.n.b.-paribas. >> the fiscal tightening is taking a toll. it took a toll on growth in 2012. it will take a toll again in 2013. >> reporter: but in the trade channels of the u.s. economy the tide appears to be turning. are things getting better? >> things are definitely getting better. >> reporter: robert landry is the chief commercial officer at the port of new orleans, a gateway to the mississippi. 33 million tons of cargo come through here a year. do you think the port is a kind of leading indicator? >> we are-- we see a lot of things before i think it really hits the economy because when people are making decisions, they're making them months in advance to get them on board a ship. >> reporter: so what's happening now? >> right now, we're seeing things pick up. we're seeing more steel coming in. >> reporter: steel imports are up double digits. container traffic in the port of new orleans hit an all-time high in 2012, and cruise ship traffic a
only government spending cuts on defense caused overall economic growth to flatline. julia coronado is chief economist with p.n.b.-paribas. >> the fiscal tightening is taking a toll. it took a toll on growth in 2012. it will take a toll again in 2013. >> reporter: but in the trade channels of the u.s. economy the tide appears to be turning. are things getting better? >> things are definitely getting better. >> reporter: robert landry is the chief commercial officer at...
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the group being anti-american, anti-nato, american forces in turkey to protect turkey with missile defenses, but that's back to syria again, protecting them from syria. the policy in syria, i think, is a failure, certainly failing, and i think it may be, in some way, related to that. melissa: begs to question what do we have to do differently in syria, then? >> should have thought about that a long time ago, and i and others said there's a lot to do other than putting boots on the ground going back two years now. the situation is getting worse and worse. the israelis were involved in something the other day. this situation is spilling over the borders. we could have, you know, early on, we could have backed some groups we thought we could support. that was critically important, and then possibly arm them if they are the sort of people we can support. unfortunately, we waited and waitedded, didn't have good intelligence what was going on in that, couldn't find who to back, and right now, there's very important country in a situation that certainly may not go in our direction. we could have e
the group being anti-american, anti-nato, american forces in turkey to protect turkey with missile defenses, but that's back to syria again, protecting them from syria. the policy in syria, i think, is a failure, certainly failing, and i think it may be, in some way, related to that. melissa: begs to question what do we have to do differently in syria, then? >> should have thought about that a long time ago, and i and others said there's a lot to do other than putting boots on the ground...
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Jan 26, 2013
01/13
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KGO
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they had to go outside and fight this fire defensively. five alarms, several firecrews from napa and solano county came out to battle the blaze. right now crews are just wrapping up. >> we are going to keep the company out here for the rest of the night. we are going have the investigation team come in in the morning which is the normal protocol. we have no leads as far as anything being suspicious as far as how the fire started. it is a five-alarm fire. >> reporter: five alarms and they had anywhere from 90 to a hundred firefighters out here working this. when the fire first broke out there were some employees and customers inside. however, police were able to get them out safely. no injuries to anyone in the building and no injuries to any firefighters either. this fire broke out before 7:00 and it is now out. firefighters are staying on scene and no word what caused this blaze in the comedy theater. in fairfield, ama dates, abc7 news. >> thank you. >>> now to a developing story out of oakland. the police officer shot, he is the second o
they had to go outside and fight this fire defensively. five alarms, several firecrews from napa and solano county came out to battle the blaze. right now crews are just wrapping up. >> we are going to keep the company out here for the rest of the night. we are going have the investigation team come in in the morning which is the normal protocol. we have no leads as far as anything being suspicious as far as how the fire started. it is a five-alarm fire. >> reporter: five alarms and...
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Jan 28, 2013
01/13
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KNTV
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madden's defense lawyers are arguing she did not deceive anybody in this case which is an element needed for conviction under the law. >>> san francisco's mayor ed lee delivering his state of the city address this morning. he will outline the plans for san francisco and that starts at 10:00 and of course you might imagine one reference to the big-time upcoming super bowl. >>> the giants trophy tour continues tonight making an appearance in antioch. fans get a glimpse of the antioch community center. it will be there between 6:00 and 8:00 p.m. quite a sight there. >>> hopefully in a little over a week we'll have a lombardi trophy for the niners to show off to everybody. >> what a year in sports. >> what's happening outside? >> what a year in weather. it's been a boring january so far. a wet december though and that's why we are still above average in terms of where we're running your rainfall totals for this time of year. we had a deficit this time last year. 39 degrees. chilly out there in livermore this morning. 40 in san jose. 38 degrees to start the day in gilroy. grab your coat. leav
madden's defense lawyers are arguing she did not deceive anybody in this case which is an element needed for conviction under the law. >>> san francisco's mayor ed lee delivering his state of the city address this morning. he will outline the plans for san francisco and that starts at 10:00 and of course you might imagine one reference to the big-time upcoming super bowl. >>> the giants trophy tour continues tonight making an appearance in antioch. fans get a glimpse of the...
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Jan 30, 2013
01/13
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KCSMMHZ
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defense leaders are expanding their role in the region. they are establishing a presence in niger. pog press secretary george little says al qaeda poses a threat across the region. he says they have not worked out details yet but u.s. media have reported that niger's leaders have given permission for a u.s. drone base in the country. >> this is a very important agreement and working with them to find out precisely what kind of military presence we might have in niger in the future. >> flying toer shares a border with am jeer ya. 37 foreign workers were killed there earlier this month. niger borders mali, where french and other forces are fighting islamist insurgents. the rebels took advantage of a military coup last year to take control of large parts of northern mali. >>> people in another conflict zone are seeing more evidence of the cruelty of the war they've been enduring. the bodies of at least 65 men have been found in the northern syrian city of ahelp pope most of the victims were apparently shot in the head. opposition fighters and anti-government forces are blaming each ot
defense leaders are expanding their role in the region. they are establishing a presence in niger. pog press secretary george little says al qaeda poses a threat across the region. he says they have not worked out details yet but u.s. media have reported that niger's leaders have given permission for a u.s. drone base in the country. >> this is a very important agreement and working with them to find out precisely what kind of military presence we might have in niger in the future....
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Jan 31, 2013
01/13
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FBC
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it's defense jobs. it is jobs firefighters, police, other things. it is real stuff in the real world. when you cut it there are real consequences. melissa: we have to squeeze in a break. i love you very much. i'm not letting u go home to your families. let you stay right where they are. we have more to talk with out power panel on the other side. could we follow in the footsteps of zimbabwe? it just announced they had $217 left in the bank. that is what is in their government coffers. literally. i'm not even kidding. you want to hear this. m.o. "money" straight ahead ♪ . email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today melissa: you think our economy is bad? listen to this. the african nation of zimbabwe announced after paying the latest round of government salaries they have only $217 left in the bank. ser
it's defense jobs. it is jobs firefighters, police, other things. it is real stuff in the real world. when you cut it there are real consequences. melissa: we have to squeeze in a break. i love you very much. i'm not letting u go home to your families. let you stay right where they are. we have more to talk with out power panel on the other side. could we follow in the footsteps of zimbabwe? it just announced they had $217 left in the bank. that is what is in their government coffers....
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Jan 26, 2013
01/13
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KOFY
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they had to go outside and fight this fire defensively. five alarms, several firecrews from napa and solano county came out to battle the blaze. right now crews are just wrapping up. >> we are going to keep the company out here for the rest of the night. we are going have the investigation team come in in the morning which is the normal protocol. we have no leads as far as anything being suspicious as far as how the fire started. it is a five-alarm fire. >> reporter: five alarms and they had anywhere from 90 to a hundred firefighters out here working this. when the fire first broke out there were some employees and customers inside. however, police were able to get them out safely. no injuries to anyone in the building and no injuries to any firefighters either. this fire broke out before 7:00 and it is now out. firefighters are staying on scene and no word what caused this blaze in the comedy theater. in fairfield, ama dates, abc7 news. >> thank you. >>> now to a developing story out of oakland. the police officer shot, he is the second o
they had to go outside and fight this fire defensively. five alarms, several firecrews from napa and solano county came out to battle the blaze. right now crews are just wrapping up. >> we are going to keep the company out here for the rest of the night. we are going have the investigation team come in in the morning which is the normal protocol. we have no leads as far as anything being suspicious as far as how the fire started. it is a five-alarm fire. >> reporter: five alarms and...
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Jan 26, 2013
01/13
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KGO
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they had to go outside and fight this fire defensively. five alarms, several firecrews from napa and solano county came out to battle the blaze. right now crews are just wrapping up. >> we are going to keep the company out here for the rest of the night. we are going have the investigation team come in in the morning which is the normal protocol. we have no leads as far as anything being suspicious as far as how the fire started. it is a five-alarm fire. >> reporter: five alarms and they had anywhere from 90 to a hundred firefighters out here working this. when the fire first broke out there were some employees and customers inside. however, police were able to get them out safely. no injuries to anyone in the building and no injuries to any firefighters either. this fire broke out before 7:00 and it is now out. firefighters are staying on scene and no word what caused this blaze in the comedy theater. in fairfield, ama dates, abc7 news. >> thank you. >>> now to a developing story out of oakland. the police officer shot, he is the second o
they had to go outside and fight this fire defensively. five alarms, several firecrews from napa and solano county came out to battle the blaze. right now crews are just wrapping up. >> we are going to keep the company out here for the rest of the night. we are going have the investigation team come in in the morning which is the normal protocol. we have no leads as far as anything being suspicious as far as how the fire started. it is a five-alarm fire. >> reporter: five alarms and...
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Jan 31, 2013
01/13
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KPIX
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. >>> and coming up on the "morning news," confirmation hearings begin for defense secretary nominee chuck hagel and we'll find out who has been chosen to resurrect the popular twinkies snack cake ahead in "moneywatch." this is the "cbs morning news." cakes ahead. this is the "cbs morning news." and then fill the rest up with cream and it -- mommy, what's going on? what are you doing? so when we did the blonde roast she finally went from a splash of coffee to only a splash of cream. and i thought that was so cool, i said "well she's enjoying this." ♪ ♪ ♪ ♪ living with moderate to severe rheumatoid arthritis means living with pain. it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinically proven to help relieve pain and stop further joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions and
. >>> and coming up on the "morning news," confirmation hearings begin for defense secretary nominee chuck hagel and we'll find out who has been chosen to resurrect the popular twinkies snack cake ahead in "moneywatch." this is the "cbs morning news." cakes ahead. this is the "cbs morning news." and then fill the rest up with cream and it -- mommy, what's going on? what are you doing? so when we did the blonde roast she finally went from a splash...
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Jan 29, 2013
01/13
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KGO
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jodie's lawyer is set to begin their defense. later expected to argue that their client acted in self defense. will she take the stand? dan is here to weigh in on good morning america. >> chp said it is close to tracking down the drivers behind a dangerous stunt on a busy freeway. they took video of cars doing do nut in oakland around 4:00 saturday afternoon. the video and others like it wer posted on line. the sound of events known as the side show was so loud it was heard from miles around. it doesn't mean they are in the clear. chp investigators have license plate numbers and working to identify more. >> marijuana advocates are preparing for another battle in the ballot box. sacramento said they will try to expand it beyond medical use. people were encouraged by the that colorado and washington. hoping to raise the ballot in 2016. >> super bowl spending by fans is on the rise. >> that is not by choice. >> in the nation's biggest mortgage lender is wrapping up the home loans faster. jane is live in the new york stock exchange.
jodie's lawyer is set to begin their defense. later expected to argue that their client acted in self defense. will she take the stand? dan is here to weigh in on good morning america. >> chp said it is close to tracking down the drivers behind a dangerous stunt on a busy freeway. they took video of cars doing do nut in oakland around 4:00 saturday afternoon. the video and others like it wer posted on line. the sound of events known as the side show was so loud it was heard from miles...
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Jan 30, 2013
01/13
by
FBC
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eye 57
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it's defense jobs. it is jobs firefighters, police, other things. it is real stuff in the real world. when you cut it there are real consequences. melissa: we have to squeeze in a break. i love you very much. i'm not letting you go home to your families. let you stay right where they are. we have more to talk with out power panel on the other side. could we follow in the footsteps of zimbabwe? it just announced they had $217 left in the bank. that is what is in their government coffers. literally. i'm not even kidding. you want to hear this. m.o. "money" straight ahead ♪ . [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. i have obligations. cute tob
it's defense jobs. it is jobs firefighters, police, other things. it is real stuff in the real world. when you cut it there are real consequences. melissa: we have to squeeze in a break. i love you very much. i'm not letting you go home to your families. let you stay right where they are. we have more to talk with out power panel on the other side. could we follow in the footsteps of zimbabwe? it just announced they had $217 left in the bank. that is what is in their government coffers....
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Jan 30, 2013
01/13
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CNBC
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scott cohen has defense. trans union were economist, lenders and credit lenders, are concerned about how this could impact the credit of a whole generation of americans. particularly when they face the worst job market of more than a decade. they are graduating and loans go into repayments and jobs are not there to pay those loans. >> let's look at what the study found since 2007. it up more thap have all are in defersed std out while the other rower while others are still in schools. for the arts that aren't concerned, delinquency rate is way up. that's twice home mort begans and ten times the rate for credit cards. delinquent skis, that has tougher standards pb declined to about 5%. we what we still don't know is how all this debt is affecting overall credit workiness of these borrowers. that is an area of very hot, very intense. >> scott, i don't want to talk you too far afield from your immediate reporting but there are immediate solutions? >> getting the job market improve, get people jobs and to look at
scott cohen has defense. trans union were economist, lenders and credit lenders, are concerned about how this could impact the credit of a whole generation of americans. particularly when they face the worst job market of more than a decade. they are graduating and loans go into repayments and jobs are not there to pay those loans. >> let's look at what the study found since 2007. it up more thap have all are in defersed std out while the other rower while others are still in schools. for...
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Feb 3, 2013
02/13
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WBAL
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so look at what the next defense secretary is going to have to supervise massive defense cuts. make key decisions, long-term technical advance, short-term readiness. these are tough questions. you have to be able to present leadership and toughness. he is personally a tough guy. i've seen him oppose the iraq war with other republicans. he personally has that courage. but can he project that and show mastery of the building? that's the question. >> the ability to be a salesman, a politician. >> absolutely. let's divide politics from all of this. you know, ralph just said this was about judgment. and david just said opposing the war in iraq takes courage. i think the notion in some ways to say because chuck hagel doesn't believe what john mccain says you question his judgment. for somebody that carried a gun as a general in vietnam, i'm going to trust their ability -- >> well, chuck hagel doesn't believe what he says 10 years ago and 12 years ago. >> i want to go to immigration. this is chuck schumer this week on the issue of immigration. >> for the first time ever, there is more
so look at what the next defense secretary is going to have to supervise massive defense cuts. make key decisions, long-term technical advance, short-term readiness. these are tough questions. you have to be able to present leadership and toughness. he is personally a tough guy. i've seen him oppose the iraq war with other republicans. he personally has that courage. but can he project that and show mastery of the building? that's the question. >> the ability to be a salesman, a...
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Jan 26, 2013
01/13
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. >> the defense line man has been warned by have been veterans not to let the spectacle of the super bowl affect his focus. >> there will be a time when you are like, are we playing a game today? are we here for a concert? they say, stay focused. >> the 49ers practice on saturday and head off to new orleans on sunday. >> today, the last of the 49ers season ticket holders who lucked not a special lottery will get their super bowl tickets. pickup began yesterday. >> yeah? i got my tickets. >> he is not too excited. he said he has no idea how he will get to new orleans for the game. yesterday, season ticket holders arrived at the park not knowing how much they would pay for the tickets or where they would it is in the superdome. >> all my friends were saying i have to go, once-in-a-lifetime opportunity. screw it, i'm going, i don't care about the money. i am a niner fan. i'm going. >> the fan paid $1,900 for the two tickets and he still needs to pay for air fare, hotel, and meals during the super add novemberture. >> this, a long-term 49er fan hopes to join the lottery winners in new or
. >> the defense line man has been warned by have been veterans not to let the spectacle of the super bowl affect his focus. >> there will be a time when you are like, are we playing a game today? are we here for a concert? they say, stay focused. >> the 49ers practice on saturday and head off to new orleans on sunday. >> today, the last of the 49ers season ticket holders who lucked not a special lottery will get their super bowl tickets. pickup began yesterday. >>...
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Jan 30, 2013
01/13
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CNBC
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representing.2 million shares, we would be disappoint fed the board adopted a defensive posture and forced a proxy contest. a $22 million market cap company that some feel underperformed many pierce. not to demand that the acreage that it owns and is worth a lot more. that changed the last couple of days since the stock soared monday on news they would be get out of refining business and on news from elliott as we hauch hess shares. together, elliott on, what about, 22 million or so, 23 million shares. almost equal to the 10% chairman and ceo john hess. >> and they made a lot of business in the terminal business. david, breaking news on hess. thank you, david. >>> coming up, a quick preview of facebook earnings. they are due out tonight. >> indeed they are. plus, it is time for you at home to take a bow for helping cnbc meet a huge milestone. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm m
representing.2 million shares, we would be disappoint fed the board adopted a defensive posture and forced a proxy contest. a $22 million market cap company that some feel underperformed many pierce. not to demand that the acreage that it owns and is worth a lot more. that changed the last couple of days since the stock soared monday on news they would be get out of refining business and on news from elliott as we hauch hess shares. together, elliott on, what about, 22 million or so, 23 million...
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>> as far as domestic stocks we're sticking with more defensive, high dividend paying names some of the more undervalued companies we see out there. for example, apple the stock has been clobbered over the course of the last few months. we see a lot of value. it is trading at a significant discount to the s&p 500. it is trading at a significant discount to a company like microsoft i. i find it hard to believe apple is not as strong as a company as the other 499 companies in the s&p 500. david: by the way it surpassed samsung in terms of domestic phone sales. despite all the hype about galaxy, apple is number one in domestic phone sales, right. >> yes, yes it is. i think there is a lot of potential there. we like other high dividend payers. vodafone is a great play. we like seagate technology the very undervalued, great dividend yield. we'll stick with domestic stocks paying higher dividend so they can minimize volatility for our clients. liz: still likes the dividend trade. mark, jeff, have a great weekend. >> you too. liz: great to see you guys. technology, data storage equipment-maker
>> as far as domestic stocks we're sticking with more defensive, high dividend paying names some of the more undervalued companies we see out there. for example, apple the stock has been clobbered over the course of the last few months. we see a lot of value. it is trading at a significant discount to the s&p 500. it is trading at a significant discount to a company like microsoft i. i find it hard to believe apple is not as strong as a company as the other 499 companies in the...
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Jan 28, 2013
01/13
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KRON
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the regional coordinator of civil defense says the blaze started at about 2 a-m after the acoustic insulation caught fire in the kiss nightclub in the southern brazil town of santa maria. there was a pyrotechnics show going on when flames broke out, but authorities said cause of the fire is still under investigation. >> (voice of translator) "i would like to say to the people of our country and to the people of santa maria that in this time of sadness we are together. and we are going to overcome this sadness while still in mourning." >> reporter: officials say more than 200 people were killed, many from apparent smoke inhalation. a state fire official says about 2,000 people were inside the club when the fire broke out. double the maximum capacity of 1,000. this incident calls to mind other deadly nightclub fires in recent years. just five months ago, a fire at a popular club in phuket, thailand killed four. one of the most memorable happened in the united states in february 2003. pyrotechnics used by the heavy metal band, great white, sparked a fire that claimed 100 lives at a nightclub in
the regional coordinator of civil defense says the blaze started at about 2 a-m after the acoustic insulation caught fire in the kiss nightclub in the southern brazil town of santa maria. there was a pyrotechnics show going on when flames broke out, but authorities said cause of the fire is still under investigation. >> (voice of translator) "i would like to say to the people of our country and to the people of santa maria that in this time of sadness we are together. and we are...
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Jan 30, 2013
01/13
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prosecutors disproved the claim that he shot her in self- defense. he's facing a maximum sentence of 25 years. >>> the anne arundel county council is going to hold an emergency meeting today with the goal of ousting county executive john leopold. by law he was suspended when a judge found him guilty of misconduct in office. the judge ruled that leopold broke the law when he made a staffer empty a catheter bag after surgery and when he had members of his security detail put up campaign signs. the judge, however, acquitted leopold of charges of having his security detail drive him to sexual encounters saying the detail was paid to guard leopold regardless of the situation. >>> time right now 16:05. i -- is 6:05. i am watching your money. higher taxes appears to be hurting consumer confidence. a new survey find it is plunged to the lowest level in more than a year. part of the problem here, the hike in social security taxes that is leaving americans with less take-home pay. >>> home prices jumped 5.5% in november. the latest data available compared to a
prosecutors disproved the claim that he shot her in self- defense. he's facing a maximum sentence of 25 years. >>> the anne arundel county council is going to hold an emergency meeting today with the goal of ousting county executive john leopold. by law he was suspended when a judge found him guilty of misconduct in office. the judge ruled that leopold broke the law when he made a staffer empty a catheter bag after surgery and when he had members of his security detail put up campaign...
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Jan 31, 2013
01/13
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we talked about comments from niners defensive back chris culliver earlier, implying he wouldn't want a --er -- gay teammate. copiapo chile apologized and said the feelings are truly not in my heart. further i apologize to those i hurt and offended. . >> jim and john's parents had their own press conference today. >> you are going to ask us how we feel. who has it better than us? nobody! >> jack and jackie say they are proud of both their successful sons who are just 15 months apart in age. we just saw joe fonzi and ken wayne earlier, they are part of our super bowl team. they will have live reports in every newscast leading up to super bowl sunday and immediately following the super bowl switch over to us, a live local post game show right here on ktvu channel 2 news. >>> he did it. the odd substance that he has admitted to using. >> why would you pay to use it? the new service youtube is offering to lure you away from traditional television. >>> vijay singh the latest athlete to be linked to a performance enhancing drugs. he used deer antler spray that stimulates muscle growth. he d
we talked about comments from niners defensive back chris culliver earlier, implying he wouldn't want a --er -- gay teammate. copiapo chile apologized and said the feelings are truly not in my heart. further i apologize to those i hurt and offended. . >> jim and john's parents had their own press conference today. >> you are going to ask us how we feel. who has it better than us? nobody! >> jack and jackie say they are proud of both their successful sons who are just 15 months...
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Jan 29, 2013
01/13
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CNBC
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it gets half its earnings from the defense side of the business. here is what the street is expecting from boeing. these numbers, most people are saying this is important but it's really the guidance. that's what we're going to be focused on, under the circumstances past eps the other aspect of the commercial airline gets attention, 737, this is the workhorse for boeing. increased production to 38 a month starting this quarter. as you go into building the the third 737 assembly line in renton, washington, that's going to get a lot of tension particularly because they have the 737 max in development. this is the future workhorse for boeing. they already have a backlog of more than 1,000 orders. it is expected to enter service in 2017. this is the next launch they have to make a smooth launch over the next three years. as you take a look at this stock chart or last month, sue and tyler, i thought this was fascinating. the parent of airbus up 20%, shares of boeing not surprising given dreamliner problems down 1.4%. that says a lot in terps of the spli
it gets half its earnings from the defense side of the business. here is what the street is expecting from boeing. these numbers, most people are saying this is important but it's really the guidance. that's what we're going to be focused on, under the circumstances past eps the other aspect of the commercial airline gets attention, 737, this is the workhorse for boeing. increased production to 38 a month starting this quarter. as you go into building the the third 737 assembly line in renton,...
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Jan 31, 2013
01/13
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. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border security. we know what's needed when it comes to dealing with employers who may unlawfully hire undocumented workers. we know what a pathway to citizenship looks like, and what the c
. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>>...
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Jan 28, 2013
01/13
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FBC
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i bought it for self-defense. women should definitely take a look at these guns if they want to use them for self-defense. i would highly recommend them. you can take a look at any of my target sheets. they are far more accurate with this guy than any other gun. stuart: thank you very much indeed. i think you both major points. equally affective. if you want to scare someone with a sound, it is a chainsaw. [ laughter ] somebody comes to the door, you do not know who it is, you can fry in them. off goes the chainsaw. charles: that is why you have not met any of your daughters boyfriends. stuart: all right, everybody. let's move on. we cannot wait to get a cell phone and cancer story. we will be talking about that coming up. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sens
i bought it for self-defense. women should definitely take a look at these guns if they want to use them for self-defense. i would highly recommend them. you can take a look at any of my target sheets. they are far more accurate with this guy than any other gun. stuart: thank you very much indeed. i think you both major points. equally affective. if you want to scare someone with a sound, it is a chainsaw. [ laughter ] somebody comes to the door, you do not know who it is, you can fry in them....
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Jan 31, 2013
01/13
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CNBC
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>> it's more looking at the laggards as opposed to defensive expenses. so we're looking more thee mattockly as opposed to specifics. >> and worries about being overvalued here for the next couple of months. so when we talk about trades to put on now, how do you play it? >> we're looking, it is mainly the equity trade because we're looking at the bond markets and thinking that spreads are at multi year lows and it's hard to find value there. we're not looking at governments. we're looking more on the credit side. so we are looking at equities. where in equities? gn, rerotated out of the u.s., back into europe towards -- it was last autumn, actually, which works very well for us. it's about changing where you're allocated. >> perfect. thank you so much for coming by. earlier on the show, we asked you, should passengers on delayed flights be entitled to passenger compensation? it's happening in europe. john tweets in and says, late flights more than a couple hours should be xielthsed to compensation. but that will lead to higher fares. jason says, compensat
>> it's more looking at the laggards as opposed to defensive expenses. so we're looking more thee mattockly as opposed to specifics. >> and worries about being overvalued here for the next couple of months. so when we talk about trades to put on now, how do you play it? >> we're looking, it is mainly the equity trade because we're looking at the bond markets and thinking that spreads are at multi year lows and it's hard to find value there. we're not looking at governments....
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Jan 30, 2013
01/13
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FBC
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we ask the general what defense means for our security. charles payne always says to watch a stock after the chief steps down. so take a look at chesapeake energy. the top guy will retire as chief executive on april 1, aubrey mcclendon invested personally in the company drilling operations and is under investigation for mixing personal and company business. he is leaving taking a golden parachute of $50 million that goes with him. so let's see how the stock performs today. this is do-or-die day for research in motion. we will ask if it is good enough to save rim. and what happened between jon stuart and rob custis on "the daily show" last night? twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes inv
we ask the general what defense means for our security. charles payne always says to watch a stock after the chief steps down. so take a look at chesapeake energy. the top guy will retire as chief executive on april 1, aubrey mcclendon invested personally in the company drilling operations and is under investigation for mixing personal and company business. he is leaving taking a golden parachute of $50 million that goes with him. so let's see how the stock performs today. this is do-or-die day...
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Jan 30, 2013
01/13
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a deep decline in defense spending led to the first contraction in four years. the senior equity strategist from wells fargo advisors. great to see you back here. if the market had been ignoring the numbers, is this a wake-up call? >> the expectations were the consensus was 1-2, something like that. a weaker than expected, but we expectations to begin with. really the market is looking at things like consumer spending which is good in that report, looking at capital spending which is good, wages were okay. the market is looking at the silver lining but clearly we are in a very slow growth economy that will not change anytime soon. fortunately valuations are not stretched, they are not shaped but they're somewhat in the gray zone. those things are all helping the market. the federal reserve will tell us we have to keep pumping money in this afternoon when they announce. lori: which will continue the wealth effect. on the economy and gdp report, it was driven largely by a decline in government spending and defense spending. before the fiscal cliff deal came into e
a deep decline in defense spending led to the first contraction in four years. the senior equity strategist from wells fargo advisors. great to see you back here. if the market had been ignoring the numbers, is this a wake-up call? >> the expectations were the consensus was 1-2, something like that. a weaker than expected, but we expectations to begin with. really the market is looking at things like consumer spending which is good in that report, looking at capital spending which is...
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still have the largest defense budget in the world? >> ironically, i think, if done properly, again, everybody needs to take somewhat of a haircut, if you will, on spending because of our economic situation. the pentagon can take some more cuts. i will not give you what that number may be. if they budgeted around 450 billion annually, which is a fairly significant cut from where we were at last year, we could certainly take care of our national defense. i will add, one thing that many people believe that after afghanistan and iraq is completed that we will go back to a peace dividend. we will live in a world of persistent conflict for the rest of our lives. lori: we are watching turkey and egypt and israel and syria. it is alarming. general, thank you for your input. >> thank you very much. melissa: boeing and its customers are facing a hefty price tag. japanese carrier, which has large airliners in its fleet than any other airliner out there, is reporting more than $1500 in lost revenue. investigators are still trying to figure out wh
still have the largest defense budget in the world? >> ironically, i think, if done properly, again, everybody needs to take somewhat of a haircut, if you will, on spending because of our economic situation. the pentagon can take some more cuts. i will not give you what that number may be. if they budgeted around 450 billion annually, which is a fairly significant cut from where we were at last year, we could certainly take care of our national defense. i will add, one thing that many...
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Jan 30, 2013
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the department of defense and nasa are california testing a new type of aircraft that can access remote areas of the world that right now are not accessible. the limp like kraft could move more cargo than modern planes. taking food, supplies to disaster areas. 35 money in dollars has been spent so far on it. it looks like las vegas and not have a merry christmas. a drop in passengers arriving and departing from the city. 3.2 million passengers used the vegas airport last month, a drop from december of 2011. and that is your "west coast minute." dennis p. at dennis: let's turn back to that shocker on the gdp shrinking in the fourth quarter. cheryl: we have main street perspective. jeff: something easy and no other network, what is main street really thinking about these numbers. i am one main street. this is a shop called marseilles, a unique place. i will tell you why in just a moment. tallying up the trillions in stimulus that has led to this gdp number. there was a kkr report last we week, $7.7 trillion worth of stimulus. if you look at everything from qb which is almost off of our ch
the department of defense and nasa are california testing a new type of aircraft that can access remote areas of the world that right now are not accessible. the limp like kraft could move more cargo than modern planes. taking food, supplies to disaster areas. 35 money in dollars has been spent so far on it. it looks like las vegas and not have a merry christmas. a drop in passengers arriving and departing from the city. 3.2 million passengers used the vegas airport last month, a drop from...
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Jan 30, 2013
01/13
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FOXNEWS
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jon: a lot of people who constantly look to cut the defense budget, cut defense spending, chop out this program or that program, this is a cautionary tale. >> look i actually think cutting government spending is good for the economy because it frees up resources for the private sector. so i do think -- the very reason you just mentioned, jon, that we got this enormous debt that is headed to 200% of gdp we need to very judiciously cut spending. maybe we should be looking at some of the domestic programs that by the way are still growing. jon: when you come out of a recession like we did officially a couple of years ago typically you start climbing back up and you start seeing 6, 7% growth. what happened? >> it's like those tv commercials, you know, help, i've fallen and i can't get up. and that is really the whole story of this u.s. economy. it's been growing at a little less than 2% on average for the last three years. jon, that compares with the average recovery from lee session dating back to world war ii. we are growing at about one-half to one-third the pace that we should h-b. so t
jon: a lot of people who constantly look to cut the defense budget, cut defense spending, chop out this program or that program, this is a cautionary tale. >> look i actually think cutting government spending is good for the economy because it frees up resources for the private sector. so i do think -- the very reason you just mentioned, jon, that we got this enormous debt that is headed to 200% of gdp we need to very judiciously cut spending. maybe we should be looking at some of the...
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Jan 31, 2013
01/13
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morgan chase and morgan stanley say the economy will rebound after plunging defense spending hurt and the chief economist at middle east analysts say the growing strength in the labor market will light a fire under growth. we will see how the market is this morning. weekly jobless claim numbers were worse-than-expected so still the markets are optimistic and trading higher. the silicon valley index is positive. facebook shares are lower, disappointing investors with the latest earning reports. barbie fans, the first barbie cafe open in taiwan. the hot pink diner features pink tables and sofas and the staff wears pink tutus. how about taking your spouse on a romantic trip open valentine's day? the majority of people who travel say their relationship with their loved one would improve if they went on more trips together. men are more inclined than women to go on a romantic trip, new york and san francisco are among the top choice destinations. >> vacation to san francisco and we would stay. >> women want to watch the super bowl? >> yes. they do. they do. >> now checking with the weather
morgan chase and morgan stanley say the economy will rebound after plunging defense spending hurt and the chief economist at middle east analysts say the growing strength in the labor market will light a fire under growth. we will see how the market is this morning. weekly jobless claim numbers were worse-than-expected so still the markets are optimistic and trading higher. the silicon valley index is positive. facebook shares are lower, disappointing investors with the latest earning reports....
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Jan 28, 2013
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FOXNEWSW
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and if that then is the case then you get the cuts to the defense department and medicare. do i have that right? >> that is fundamentally correct. what we are looking at and what we'll see is whether or not the democrats in the senate insist that they sequester would be altered only by raising taxes and that is not going to happen. we j a $650 billion tax increase we are not going to do another one. these were cuts in law and they need to be altered. the president in his debate with governor romney said the sequester will not happen, and he's got to step up and help us work our way through that, because it does cut too much, in my opinion, the defense department. they've already had a big cut. this will be another big cut. and i think it's dangerous for the defense department and will do damage in a way that we should not do. bill: i mentioned the senate hasn't passed a bulge net four years. bya because you asked, rich writes, how can you determine how much you will need to increase the debt ceiling without a budget? how do we understand that riddle? >> that is exactly corr
and if that then is the case then you get the cuts to the defense department and medicare. do i have that right? >> that is fundamentally correct. what we are looking at and what we'll see is whether or not the democrats in the senate insist that they sequester would be altered only by raising taxes and that is not going to happen. we j a $650 billion tax increase we are not going to do another one. these were cuts in law and they need to be altered. the president in his debate with...
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Jan 28, 2013
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layoffs and the defense industry. most importantly to me, devastating growth to our national security at the sequestration takes place. it is up to congress and the president to act together. frankly, so far, i have not been the type of urgency that many of us feel about sequestration and its implementation. >> it seems that the war being wound down in afghanistan that the real fight is beginning at home for tighter budgets. melissa: jennifer griffin, thank you very much. illinois heading to disaster. joining us now, dan rutherford. that is coming up. lori: are you overeducated and underemployed? the new normal of this job recovery. ♪ . . . .. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice
layoffs and the defense industry. most importantly to me, devastating growth to our national security at the sequestration takes place. it is up to congress and the president to act together. frankly, so far, i have not been the type of urgency that many of us feel about sequestration and its implementation. >> it seems that the war being wound down in afghanistan that the real fight is beginning at home for tighter budgets. melissa: jennifer griffin, thank you very much. illinois heading...
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Jan 28, 2013
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it's not a defense it's always been done that way. this goes so much farther whether president clinton during impeachment giving his definition of the word "is," what we find is our tradition in this country have made a great rule of law is predicated on a constant culture by getting around the in tent whether section 2 article 2 of the constitution, that's the government. whether it's business, pre-credit crisis and bundling of derivatives. when the private sector does these things, it's horrible. where did they learn it from? any government. the government. isn't it time they stop making their own rules because that's not why people elected them and go by the constitution versus get around it because everybody including our kids get around things and it really isn't the lesson government should be teaching. back to you. >> rick, thank you. >>> one analyst just downgraded shares in apple. his thoughts ahead. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ (announce
it's not a defense it's always been done that way. this goes so much farther whether president clinton during impeachment giving his definition of the word "is," what we find is our tradition in this country have made a great rule of law is predicated on a constant culture by getting around the in tent whether section 2 article 2 of the constitution, that's the government. whether it's business, pre-credit crisis and bundling of derivatives. when the private sector does these things,...
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Jan 26, 2013
01/13
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WUSA
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and with us now are walter madison, defense attorney for one of the accused, malik richmond and jean casarez for "insession" on truetrutv. jean is also an attorney. walter, you want the case moved out of steubenville. why is that so important? >> it's important because of the atmosphere. the community has been tainted. it's small community and i think it sets itself up for the intimidation that's occurred. we're not quite prepared to deal with this social media machine and force and witnesses are reluctant to come forward. what happens the effect for my client is he's being denied a fair trial. >> the other defendant in this case has his own representation. that representation has also pushed to make this an off off-the-record case where the press wouldn't be allowed to engage and hear the proceedings of the trial. is that something you agree with? >> actually they did not request it. that was my motion. i was the only party who had a motion before the court and i withdrew that yesterday. >> why? >> what i wanted to do was assure that witnesses felt comfortable in participating the p
and with us now are walter madison, defense attorney for one of the accused, malik richmond and jean casarez for "insession" on truetrutv. jean is also an attorney. walter, you want the case moved out of steubenville. why is that so important? >> it's important because of the atmosphere. the community has been tainted. it's small community and i think it sets itself up for the intimidation that's occurred. we're not quite prepared to deal with this social media machine and force...